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BOSTON - Just three months after narrowly avoiding collapse, the world's most indebted developer China Evergrande Group is teetering on the brink again and investors are still unclear how much or for how long the problems could reverberate. With over US$300 billion (S$410 billion) of liabilities and more than 1,300 real estate projects, Evergrande has been the poster child of...
In both China and the US, it's now hard for the middle class to do better than their parents. buzbuzzer / Getty Images Housing is increasingly
Investors less fearful this time that indebted developer's troubles could be widespread
Rising levels of household debt, unaffordable homes, and a risk of falling out of the middle class — wait, is this the US or China?
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